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Daily Insights and Food Industry News

CARREFOUR STEPS UP SOCIAL COMMERCE STRATEGY BY TAPPING BRUT’S 70 MILLION USERS

03 Feb 2022  Read: 2 min.
Global food retailer Carrefour has established a joint venture called Brut Shop with French digital media company Brut with the aim of becoming a leader in social commerce/live shopping in France.

REDEFINE MEAT RAISES €160 MILLION TO FUND AMBITIOUS EXPANSION PLAN

03 Feb 2022  Read: 3 min.
Redefine Meat, a start-up that produces 3D-printed, plant-based meat, recently received an investment of around €120 million ($135 million) from mainly existing investors. This takes the total funding for the company to approximately €160 million ($180 million). 

NAIO TECHNOLOGIES LAUNCHES INNOVATIVE NEW AGRICULTURAL AND WINE MAKING ROBOTS

02 Feb 2022  Read: 2 min.
Naio Technologies, the French company that's a pioneer in agricultural robots, has launched a new bot called Orio - a straddle type robot which succeeds its big brother Dino and is already appealing with its increased versatility, precision and autonomy. The company also recently unveiled Jo, a robot designed to help in the wine-making process.

US ORGANIC FOOD SALES GREW BY 5.5% IN 2021

02 Feb 2022  Read: 2 min.
Organic food sales in the United States grew again last year, albeit not at the rates seen in 2020, newly released figures have shown.

INDUSTRY GIANTS NESTLE, COCA-COLA AND UNILEVER TEAM UP TO BOOST MALAYSIA’S RECYCLING EFFORTS

01 Feb 2022  Read: 3 min.
Nestle, Coca-Cola and Unilever are among major brands to collaborate in an effort to boost recycling efforts in Malaysia.

UPSIDE FOODS STARTS 2022 BY EXPANDING INTO CELL-CULTURED SEAFOOD

01 Feb 2022  Read: 2 min.
Upside Foods (formerly called Memphis Meats) has bought Wisconsin-based cultivated seafood company Cultured Decadence – a move that gives California-based Upside entry into a new food segment and an expanded portfolio of cultivated meat. The financial terms of the deal were not disclosed.

DIAGEO POSTS GROWTH IN ALL REGIONS AS SALES JUMP 16%

31 Jan 2022  Read: 3 min.
Diageo, the owner of famous global alcohol labels like Guinness and Johnnie Walker grew its business across all regions by 15.8%, generating sales of just shy of £8 billion ($10.7 billion) in the half-year ending December 2021 (the first half of the company’s fiscal year 2022).

MEATLESS FARM LAUNCHES FROZEN RANGE AMID GROWTH IN DEMAND FOR PLANT-BASED FOODS

31 Jan 2022  Read: 2 min.
Amid growing interest in plant-based meat alternatives, British brand Meatless Farm has launched frozen versions of several of its products – and has also debuted an all-new frozen offering.

COCA-COLA AND MOLSON COORS TO TEAM UP ON NEW SIMPLY SPIKED LEMONADE LAUNCH

28 Jan 2022  Read: 3 min.
Coca-Cola and Molson Coors have expanded their exclusive agreement to release a line of alcoholic beverages inspired by America's top chilled juice brand Simply.

JAPANESE FOOD CHAINS MAKING INROADS INTO CHINA AS THEY LOOK TO CHALLENGE WESTERN BRANDS

28 Jan 2022  Read: 3 min.
Japanese food chains are moving in China as the expanding middle class in the world’s most populous nation offers growing opportunities.

UBER EATS TO LEAVE BRAZIL AS PARENT FIRM FOCUSES ON GROCERY DELIVERIES

28 Jan 2022  Read: 2 min.
Uber is ending its Uber Eats service in Brazil, indicating how competitive the restaurant delivery market is in the South American nation.

UNILEVER CUTS 1,500 MANAGEMENT ROLES AS IT UPDATES MODEL

27 Jan 2022  Read: 2 min.
Food-to-detergent giant, Unilever, is reducing its senior management roles by 15% and junior management roles by 5%, wiping out 1,500 jobs as it makes its structure simpler and more category-focused. Factory teams are unlikely to be impacted by the changes.

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